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Cryptocurrency mining stocks are brushing off a fresh round of analyst price target cuts, and buyers are stepping back in after a sharp selloff. MARA Holdings (NASDAQ:MARA | MARA Price Prediction) stock is rising 4% to $7.65 this afternoon.
Shares of Hut 8 Corp. (TSE: HUT - Get Free Report) traded down 8.1% during mid-day trading on Friday. The company traded as low as C$98.80 and last traded at C$99.27. 392,405 shares traded hands during trading, a decline of 49% from the average session volume of 775,813 shares. The stock had previously closed at C$107.97.
On October 16, 2026, Hut 8 Corp (HUT) shares experienced a significant decline, falling 11.0% to a current price of $67.75. This drop comes in the context of a
A firsthand tour of a 649-acre AI data center build in rural Louisiana reveals a boots-on-the-ground reality that looks nothing like the week's Wall Street sell-off panic.
Hut 8 Corp remains a buy despite the recent neocloud sell-off and premium valuation, underpinned by long-term AI data center build-out potential. HUT's financing model leverages $7.5B in non-recourse project financing and a $1.07B revolving credit facility, reducing reliance on equity issuance and parent-level debt. River Bend and Beacon Point campuses are fully leased to investment-grade tenants, with over $26.6B in aggregate contract value and $1.75B expected average annual NOI at stabilization.
EMJ Capital founder Eric Jackson discusses where investors' next artificial intelligence investments should be and the construction of data centers in the U.S. on 'Making Money.'
The former Bitcoin (CRYPTO:BTC) miners that rebuilt themselves as AI data-center landlords are getting squeezed from two sides Thursday. Bitcoin is sliding again, and long-term borrowing costs keep climbing for a group that funds its buildouts with debt.
BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined its plans to develop a 50-megawatt data center project under a newly executed contract with Nebius, with management saying customer prepayments are expected to cover the company's required equity contribution to the project.